$210,000
$275,000
23.6%For more information regarding the value of a property, please contact us for a free consultation.
0.88 Acres Lot
SOLD DATE : 04/27/2021
Key Details
Sold Price $210,000
Property Type Vacant Land
Sub Type Residential Acreage
Listing Status Sold
Purchase Type For Sale
Subdivision Cambridge Village
MLS Listing ID 20024858
Sold Date 04/27/21
HOA Y/N No
Originating Board MLS Metrolist
Lot Size 0.878 Acres
Acres 0.8783
Lot Dimensions Buyer to verify
Property Description
EXCELLENT VALUE on this very buildable MULTI-FAMILY lot. Choose your own site plan and property type to maximize your project's potential. Seller has prepared possible site plan layouts from 8 to 12 units for visual purposes that are not approved by county however they are designed to address many zoning standards and other requirements. Each site plan is designed to preserve the large heritage oak for open space that could be removed for more units. This is a relatively flat parcel with only 4 other oak trees at the parcel edges. It's fenced and gated presently. County TIM fees in Zone 2 have been reduced to $12,877. Affordable housing can reduce even more and age restricted TIM fee is only $5,192 now! Rents are increasing and virtually little rental inventory. County is eager to get housing developed outside of El Dorado Hills too. Construct attached senior cottages, detached single family homes or attached townhomes. Market is strong for all product types. Developer dream!
Location
State CA
County El Dorado
Area 12601
Zoning MFR - RM
Direction Highway 50 exit Cambridge Road heading north. Take Merrychase Dr then right on Greenwood Lane. Property on left after Camerado Gardens Apartments.
Interior
Equipment None
Exterior
Fence Full
Community Features Golf
Water Access Desc Irrigation District,Meter Paid,Public,See Remarks
Topography Level,Snow Line Above,Trees
Street Surface Paved
Building
Lot Description Curb(s), Gutter(s), Public Trans Nearby, Shape Regular, See Remarks
Sewer See Remarks
Water Irrigation District, Meter Paid, Public, See Remarks
Schools
Elementary Schools Buckeye Union
Middle Schools Buckeye Union
High Schools El Dorado Union High
School District El Dorado
Others
Senior Community No
Tax ID 082-411-004
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with eXp Realty of California Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States